
business recap year 10
Quiz
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Easy
Tezel Asena
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Company TT concludes to invest into a new marketing campaign for an existing product rather than developing a new product.
Which choice is the opportunity cost?
Developing a new product
New marketing campaign
Neither
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business only sells products or services
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An Apple tablet (ipad) is an example of a:
Product
Service
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Amazon prime is an example of:
Goods
Service
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A hairdresser salon is an example of a:
Service
Product
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is capital in terms of business?
Money and assets owned by a business
Profit made by a business
Trading
Bank loan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It costs $0.10 cents to manufacture a pencil. The pencil is sold for $0.90 cents. What is the added value?
$0.80
$0.90
$1.00
$0.70
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